Computer Associates 2010 Annual Report Download - page 3

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2
Letter from the CEO
Companies are counting on IT more than ever to drive the performance of their
organizations. They can become more efficient, effective and flexible if they have
the right IT partner to help them navigate to where the market is moving. But the
opportunity to be a strategic partner will be captured only by a handful of IT companies
who understand the market and have the right products and expertise.
This plays to CA Technologies’ strengths. We have a powerful product portfolio and
the ability to manage and secure all major computing platforms in today’s complex
environments. We can help customers get the most out of their technology investments
and take advantage of the flexibility virtualization and cloud computing offer. We
believe we can build on our IT leadership in our established business and extend
that leadership to the cloud to grow our business.
In fiscal year 2010, we set our company on a course to do just that, and we are
gaining traction. We reported revenue of $4.4 billion, GAAP diluted EPS of $1.47,
GAAP operating margin of 29%, and cash flow from operations of $1.4 billion, all
improvements over our fiscal 2009 performance. We are nurturing our core business
by managing expenses, focusing on performance and execution, and sustaining
the competitive advantages that our mainframe and distributed system portfolios
enjoy. At the same time, we are investing in the high-growth areas of virtualization
management and cloud computing.
As we enter fiscal year 2011, we will continue to serve customers around the world
and across a wide range of industries. We believe this customer base will expand
as organizations increasingly require the next level of management and security
technology to drive their performance.
We also believe we will grow our business as we access new customers and new
geographies through expanded channels and routes to market, and offer technology
through new delivery models such as Software-as-a-Service (SaaS).
Seizing opportunity
With the explosion of technologies available to customers, platform independence
is one of CA Technologies’ greatest advantages. It means we are not distracted by
selling hardware or middleware — we are focused on management and security
solutions. Our approach gives customers the flexibility of choosing the hardware,
systems and applications that make the most sense for their business. These
capabilities are critical to our customers.
To support that strategy, we continue to make investments in areas that enable cus-
tomers to manage and secure IT environments and deliver more flexible IT services:
mainframe; service management and assurance; project and portfolio management;
Companies are
counting on IT more
than ever to drive the
performance of their
organizations.